New Delhi: 25States/UTs have so far undertaken commensurate reduction of VAT on Petrol and diesel to give relief to the consumers. This follows the decision of the Government of India on 3rd November 2021 to significantly reduce Central Excise Duty on Petrol and Diesel by Rs. 5 and Rs. 10 respectively. While doing so, the States were also urged to commensurately reduce VAT on Petrol and diesel to give relief to consumers.
The States/UTs which have not undertaken any reduction in VAT in Petrol and Diesel are Maharashtra, NCT of Delhi, West Bengal, Tamil Nadu, Telangana, Andhra Pradesh, Kerala, Jharkhand, Chattisgarh, and Rajasthan. In Lakshadweep, UT Government procures Kerala paid VAT Petrol and Diesel. Currently, there is a Nil Tax on Petrol and Diesel in the UT.
Following the cut in VAT, the price of Petrol has come down most in Punjab by Rs 16.02 per litre, followed by Rs 13.43 in UT of Ladakh and Rs 13.35 in Karnataka. Petrol is cheapest in Andaman and Nicobar at Rs 82.96 per liter, while it is Rs 92.02 per liter in Itanagar, Arunachal Pradesh. Petrol is priced at Rs 117.45 per liter in Jaipur, Rajasthan, while it is Rs 115.85 in Mumbai, Maharashtra.
In the case of Diesel, the price has come down most in UT of Ladakh by Rs 19.61 per liter, followed by Rs 19.49 in Karnataka and Rs 19.08 in Puducherry. Diesel is cheapest in Andaman and Nicobar at Rs 77.13 per litre, while it is Rs 79.55 per liter in Aizwal, Mizoram. Diesel is priced at Rs 108.39 per liter in Jaipur, Rajasthan, while it is Rs 107.48 in Vizag, Andhra Pradesh.
(_Vinayak)
